Funds are deposited for a specific period of time. Fixed interest
rates are offered on invested money for designated time periods.
Redeemable term deposits are offered from 30 to 364 days, with
interest paid at maturity and 1 to 5 year terms, with interest
paid annually, to an account of the members choice.

Non-redeemable term deposits are offered for 1 to 5 year terms
and cannot be redeemed prior to maturity. Interest is paid
on an annual basis to an account of the members choice or compounded
interest.

*Management provides daily quotes on Term Deposits in blocks
of $100,000.00 and over.*

MARKETFLEX® - Index Linked Term Deposit

A Smart Way to Participate in the Canadian Stock Market

MARKETFLEX® Index Linked Term Deposit blends a guaranteed investment product with the capacity to generate market-like returns. You have the potential to achieve unlimited returns with the comfort of knowing there is no risk to your principal.

Unlike mutual funds and stocks, there is no risk to your original investment with the MARKETFLEX® Index Linked Term Deposit.

And, as an added benefit, there are no commissions or management fees. The profit is all yours.
Now, that’s smart!

Smart Benefits

Principal is guaranteed

Unlimited return potential

Low minimum investment

RRSP eligible

No fees

Smart Features

Return linked to leading Canadian companies

Rate of return linked to monthly averaging

Monthly averaging protects against sharp decline in index

How Does It Work?
The investment stays at your credit union as a non-redeemable term deposit. The rate of return earned is linked to the average monthly performance of the S&P/TSX 60® Index. Monthly averaging links your gain to the long term performance of the market.
If the index performs well over the life of the term, interest is paid to you at maturity. If the average monthly index value decreases, there is no payment of interest. In either case, the good news is there is no loss to your principal.

Credit Union Deposit Guarantee Corporation guarantees to all depositors, repayment in full of all deposits in Saskatchewan credit unions. Your principal, in an index-linked term deposit is fully guaranteed. Because the return these deposits realize is linked to the performance of a stock market index, the return cannot be guaranteed until it has been deposited to the credit union.

PRAIRIES BASKET™ Equity-Linked Term Deposit

PRAIRIES BASKET™ Equity-Linked Term Deposit combines the potential of an unlimited rate of return with the comfort of knowing there is no risk to your principal. This term deposit pays a return based on the average monthly performance of a basket of prairie industry stocks.

If you are attracted by the stock market but want a secure investment, PRAIRIES BASKET™ is designed for you.

* Credit Union Deposit Guarantee Corporation guarantees to all depositors, repayment in full of all deposits in Saskatchewan credit unions. Your principal, in an equity-linked term deposit is fully guaranteed. Because the return these deposits realize is linked to the performance of individual stocks, the return cannot be guaranteed until it has been deposited to the credit union.

Registered Retirement Savings Plans - RRSPs

Your Credit Union offers competitive interest rates with no
administration fees. There are no charges, commissions or deductions
of any kind. Members receive statements annually.

RRSPs are a federal government approved means of saving for
retirement by making contributions of specific amounts which
are tax deductible and the income is tax sheltered. Amounts
that are withdrawn are taxable. There is no maximum amount
a member can accumulate in an RRSP. A member can set up an
RRSP on behalf of a spouse and make contributions to it.

Anyone who has earned income can purchase an RRSP, up to the
age of 69.

Sandhills Credit Union offers the CUDP program of RRSPs which
are covered by the unlimited guarantee. From time to time the
Credit Union may offer different programs in which to invest
your RRSP dollars.

CUBonus Builder - This is a RRSP eligible non-redeemable product
with a five year increasing interest rate. The rates are subject
to change and will be posted at time of purchase.

Monthly Deposits - The Credit Union can set up monthly withdrawals
from the account of your choice to deposit to your RRSP. This
method of saving is convenient for many of our members.

CU TAKE TEN ® RRSP Loans

Your Credit Union is making saving for retirement a whole
lot easier through a CU TAKE TEN RRSP Loan. The CU TAKE TEN loan allows you to get your RRSP growing by making
contributions now. RRSP contributions have never been so affordable.
A CU TAKE TEN loan is a 10 year loan granted to borrowers
to maximize their accumulated contribution room.

Funds borrowed through the CU TAKE TEN program are
to be used to purchase a Credit Union or Ethical Funds RRSP
only.

It's as easy as 1 - 2 - 3.

Look at your tax assessment notice and find out how much
RRSP contribution room you have.

Visit your credit union and take advantage of a CU TAKE TEN RRSP loan to maximize your RRSP contribution.

The RRIF is actually the maturing plan of the RRSP. RRIF funds
are tax sheltered while they remain in the plan.

The member must withdraw at least the "minimum payment" from
the RRIF each year. There are various options available to
the member, which should be discussed with a Credit Union representative.
You can change the payment plan to accommodate your changing
needs, depending on the types of investments you've chosen
for your RRIF, and the amount of funds remaining in it.

Please note the following changes to RRIFs in 2007:

RRSP annuitants who attained age 69 in 2006, and transferred the RRSP to a RRIF, will not be required to take an annual minimum payment in 2007 or 2008. Annual minimum must commence in 2009.

RRSP annuitants who turned age 69 in 2005, and transferred the RRSP to an RRIF, will not be required to take an annual minimum payment in 2007. Annual minimum must commence in 2008.

RRSP annuitant who attained age 69 in 2007 must convert the RRSP to a RRIF no later than December 31, 2009.

Registered Educational Savings Plans - RESP

A RESP is a government-approved plan for the purpose of providing
post-secondary education funding for a beneficiary. Income
earned within the plan is not taxed until it is withdrawn.

RESP Contribution Limits: Effective June 22, 2007, the RESP Annual Limit of $4,000.00 was eliminated and the maximum Lifetime Limit was increased to $50,000.00, for 2007 and subsequent taxation years.

The Canada Education Savings Act was amended effective June 22, 2007, and the Canadian Education Savings Grant was increased to 20% on the first $2,500.00 contributions made in 2007.

The subscriber is the registered owner of the plan and can
be an individual or an individual and his/her spouse. Only
the subscriber can make contributions to an RESP and these
contributions are not tax deductible.

The beneficiary is eligible to receive the payments from the
plan. There is a limit of one beneficiary per plan, except
under a Family Plan, which provides for multiple beneficiaries.
The beneficiaries of a Family Plan must be "related" to
the subscriber.

The Canada Education Savings Act was amended effective June 22, 2007, and the Canadian Education Savings Grant was increased to 20% on the first $2,500.00 contributions made in 2007. For more on the Canada Education Savings Grant visit www.canlearn.ca.